PSX · TOBACCO · 30 Min
PAKT Head & Shoulders breakdown
Pakistan Tobacco Company Limited · 26 Oct 2026 · 10:00 PKT
▼ Bearish Breakout Pattern breakout Against the trend
Closed at 1,385.00 on the breakout. Target 1,349.41, invalidation 1,415.89.
Trade plan
● Active- Close
- 1,385.00
- ▼ 0.57%
- Target
- 1,349.41
- -2.6%
- Invalidation
- 1,415.89
- +2.2%
RiskReward
- Reward : risk
- 1.2 : 1
- ATR
- 8.16
- Price now
- 1,399.95 +1.1%
Outcome measured on the 30 min bars after the signal: target or invalidation, whichever is touched first; a bar touching both counts as invalidated.
- Target
- Invalidation
- Pattern lines
- Fair value gap (bull / bear)
- Order block
- Strong / weak high and low
- BOS · CHoCHstructure breaks
SMC Structure · Order Blocks · FVG · Pattern Detector 30 Min candles · click to enlarge
The breakdown
PAKT broke below its head & shoulders on the 30-minute close at 1,385.00.
Projected target 1,349.41 (-2.6%). The pattern is invalidated beyond 1,415.89 (+2.2%), a reward-to-risk of about 1.2 : 1.
Structure: bullish external, bullish internal (strong low 1,299.99). Nearest supply OB 1,458.00 - 1,464.99.
How to read this signal
- 1 The breakout was confirmed by the 30 min candle closing below the pattern at 1,385.00.
- 2 The target, 1,349.41 (-2.6%), is the pattern's height projected from the breakout.
- 3 A move to the invalidation level, 1,415.89 (+2.2%), cancels the setup.
- 4 Reward : risk is 1.2 : 1: the distance to the target divided by the distance to invalidation.
- 5 Trend context: against the trend.
Pattern guide
About the head and shoulders
A head and shoulders is a topping pattern: three peaks with the middle one highest, resting on a "neckline" whose break often ends an uptrend.
- Confirmation
- A close below the neckline.
- Target
- The height from the head to the neckline, projected down from the break.
- Fails if
- A close back above the right shoulder or the neckline.